Annual Reports  >  2014  >  Corporate Social Responsibility > Overview
Overview
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TSMC believes a company’s corporate social responsibility is to uplift society. As an important part of the technology industry, we will not only aim to maintain our leadership in worldwide competition and promote Taiwan’s globalization and economic growth, but also continue to carry out our corporate social responsibility and do our utmost to be good corporate citizens in the future.

CSR Guidelines

Our 10 principles for practicing corporate social responsibility are important standards for continuing to support positive change in society:

  1. We insist on honesty and integrity. We are honest to our shareholders, employees, customers, and to the public alike.
  2. We respect the rule of law and always obey the law.
  3. We abhor cronyism. We do not seek favoritism from the government or any government official, and we do not bribe.
  4. We practice good corporate governance, and balance the interests of shareholders, employees, and all stakeholders in the Company.
  5. We do not engage in politics.
  6. We provide good job opportunities with a safe, comfortable, and intellectually challenging environment to give our employees both physical comfort and mental stimulation.
  7. We do our part to control climate change and place great importance on the protection of the environment.
  8. We emphasize and reward innovation, and actively manage the risks that innovation may bring.
  9. We invest and develop power-efficient technologies to provide customers with more advanced, efficient and ecologically sound products to contribute to a greener world.
  10. We support educational and cultural activities, and care for our communities over the long term.

The following table shows TSMC’s view of CSR. TSMC’s social responsibility is to “uplift society,” and on the vertical axis are matters that TSMC considers its responsibilities. The horizontal axis shows areas where TSMC believes its values can affect society.

Corporate Social Responsibility: Uplift Society

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CSR Management Approach

TSMC’s decision-making and operations in corporate social responsibility (CSR) are led by the Company’s Chief Financial Officer, who was appointed by the Chairman to act as an overall coordinator for the entire Company’s CSR activities. To better carry out and coordinate sustainability efforts, the Company founded the “Corporate Social Responsibility Committee” in 2011, bringing together representatives from all of TSMC’s CSR-related business segments. Since 2012, CSR has been a topic on TSMC’s Board meeting agenda. Annual CSR performance is reported to the Board.

The CSR Committee holds quarterly meetings to discuss related topics, led by the CFO and the President of the Volunteer Program. The quarterly CSR meeting systematically and effectively carries out our corporate social responsibilities by following a “Plan-Do-Check-Act” cycle to regularly review interaction with stakeholders and the issues that concern them, discuss progress in CSR activities and set future plans. Through close cooperation between organizations, CSR is now an integral part of TSMC’s daily operations.

Stakeholder Engagement

TSMC’s stakeholder management procedure is divided into four stages: identification, analysis, plan, and engagement. In order to pursue sustainable operations, TSMC establishes individual communication channels with each of our stakeholders according to their influence and issues of concern. We communicate with stakeholders through multiple channels established by CSR-related units, and compile their economic, social and environmental concerns.

TSMC believes that sustainability, ethics, and integrity are fundamental to a company’s long-term success. As we carry out our CSR principles, it is our firm belief that customers will trust us more because of our honesty and integrity, respect for the law, and good corporate governance. Investors will be more willing to invest over the long term because of our clear core values, and employees will feel closer to the Company as they identify with those values. Carrying out TSMC’s social responsibilities brings us greater competitive advantage, creates greater value for shareholders, and benefits all of our stakeholders.

DJSI Industry Group Leader

In 2014, TSMC was recognized by the Dow Jones Sustainability Indexes (DJSI) as the Semiconductors and Semiconductor Equipment Industry Group Leader for a second consecutive year, once again affirming the Company’s commitment to sustainability and corporate social responsibility. Moreover, TSMC is one of only two semiconductor companies chosen as index components for 14 consecutive years.

2014 CSR Awards and Recognitions

Category Organization Awards and Recognitions
Overall CSR Dow Jones Sustainability World Index (DJSI)
  • DJSI Semiconductors and Semiconductor Equipment “Industry Group Leader” for the 2nd consecutive year (i.e. the company with the highest sustainability score out of its industry peers in the DJSI’s 24 industry groups, made up of 59 industries and the 2,500 largest companies in the world)
  • RobecoSAM Sustainability Award, “Gold Class“
  • RobecoSAM Sustainability Award: Industry Leader
  • Membership in the Dow Jones Sustainability World Index for a 14th consecutive year
Fortune Magazine
  • World’s Most Admired Companies
Financial Times – Standard Chartered
  • Taiwan Business Awards for “Economic Contribution – Large Company”
  • Taiwan Business Awards for “Responsible Business – Large Company”
The Goldman Sachs Group
  • Member on the GS SUSTAIN Focus List, which incorporates 60 global industry leaders
CommonWealth Magazine
  • Most Admired Company in Taiwan
  • Excellence in Corporate Social Responsibility Award
  • Theme of the Year Award: Corporate Governance
Globalviews Magazine
  • Excellence in Corporate Social Responsibility, Environmental Protection Category
Taiwan Institute of Sustainable Energy
  • Gold Medal for Sustainability Report
  • Taiwan Top 10 Sustainability Benchmark Award
Economy, Governance Institutional Investor Magazine
  • Best CEO (Technology/Semiconductors) – 2nd Place (buy-side) – All-Asia
  • Best CFO (Technology/Semiconductors) – 1st Place (buy-side) – All-Asia
  • Best CFO (Technology/Semiconductors) – 1st Place (sell-side) – All-Asia
  • Best Investor Relations (Technology/Semiconductors) – 1st Place (buy-side) – All-Asia
  • Best Investor Relations – (Technology/Semiconductors) – 1st Place (sell-side) – All-Asia
  • Best Investor Relations Professional (Technology/Semiconductors) – 1st Place (buy-side) – All-Asia
  • Best Investor Relations Professional (Technology/Semiconductors) – 1st Place (sell-side) – All-Asia
IR Magazine
  • Grand prix for best overall investor relations (Large cap) – Greater China
  • Best in Sector – Technology – Greater China
  • Best corporate governance – Greater China
  • Best sustainability practice – Greater China
  • Best financial reporting – Greater China
  • Best IR by a Taiwanese company
  • Best IRO – Taiwan
FinanceAsia
  • Asia’s Best Company in Technology
  • Region’s Best Borrowers – Taiwan
R.O.C. Securities & Futures Institute
  • 11th Information Disclosure of Public Companies Ranking – Ranked A++
Environment U.S. Green Building Council Leadership in Energy and Environmental Design (LEED) certification
  • “Platinum” certification in LEED-Existing Building: Operation and Maintenance (LEED-EB O&M) – Fab 12 Phase 3 Manufacturing Facility
  • “Gold” certification in LEED – NB –Fab 15 Phase 3/4 Manufacturing Facility, Fab 12 Phase 6 Office Building, Fab 15 Phase 1 Office Building ,Fab15 Tower
Note: Up to the end of 2014, TSMC received 16 U.S. LEED certifications (2 “Platinum” class, 14 “Gold” class)
R.O.C. Ministry of the Interior “Ecology, Energy Saving, Waste Reduction and Health (EEWH)” certification
  • Diamond class “Green Building” certification – Fab 12 Phase 6 Office Building
Note: Up to the end of 2014, TSMC received 3 Taiwan EEWH Diamond class “Intelligent Building”, 7 Taiwan EEWH Diamond class “Green Building” certifications.
R.O.C. Ministry of Economic Affairs Industrial Development Bureau
  • “Green Factory Label” – Fab 12 Phase 6
ISO 50001 Energy Management System certification
  • Fab 15
R.O.C. Environmental Protection Administration
  • “Annual Enterprise Environmental Protection Award” – Advanced Backend Fab 2
  • “Energy Conservation and Carbon Reduction Action Mark” – Fab 5, Fab 12A, Fab 14A, Fab 15
  • “Excellence in Toxic Substance Management Award” – Fab 6
  • “Enterprise Green Procurement Award” – Fab 2 and 5, Fab 12A
National Council for Sustainable Development
  • “National Sustainable Development Award” – Fab12A
R.O.C. Ministry of Economic Affairs
  • “Excellence in Carbon Reduction Award” – Fab 8, Fab 12B
  • “Water Conservation Award” –Fab 2 and 5
Hsinchu Science Park Administration
  • “Low Carbon Enterprise Award” – Fab 12B, Fab 12A
  • “Water Conservation Award” – Fab 12A
Southern Taiwan Science Park Administration
  • “Excellence in Environmental Protection” – Advanced Backend Fab 2
Hsinchu County Environmental Protection Bureau
  • “Enterprise Environmental Protection Evaluation” – Fab 2 and 5, Fab 12B
  • “Environmental Education Award” – Fab 2 and 5, Fab 12B
Safety, Health and Wellness R.O.C. Ministry of Labor
  • “Excellence in Labor Safety and Hygiene Award” – Fab 3
Hsinchu Science Park Administration
  • “Excellence in Labor Safety and Hygiene Award” – Fab 2
Central Taiwan Science Park Administration
  • “Excellence in Labor Safety and Hygiene Award” – Fab 15
Southern Taiwan Science Park Administration
  • “Excellence in Labor Safety and Hygiene Award” – Fab 14A
Employees Ministry of Labor, Executive Yuan
  • Work-Life Balance Award
Health Promotion Administration, Ministry of Health and Welfare
  • Health Management Award
  • Healthy Weight Management Award
  • Pioneering Weight Management Award